Apple (NASDAQ: APPL) has announced its financial results for its Q4 2011 ending September 24 2011.
It posted revenues of $28.27 billion, up 39 percent compared to Q4 2010.
Net profit was $6.62 billion up 54 percent year-on-year.
Gross margin was 40.3 percent compared to 36.9 percent last year whilst international sales accounted for 63 percent of revenue.
"We are thrilled with the very strong finish of an outstanding fiscal 2011, growing annual revenue to $108 billion and growing earnings to $26 billion," said Apple CEO Tim Cook, Apple's CEO.
"Customer response to iPhone 4S has been fantastic, we have strong momentum going into the holiday season, and we remain really enthusiastic about our product pipeline."
Crunching the numbers
Apple sold 17.03 million iPhones during the quarter, up 21 percent year-on-year.
11.12 million iPads were also sold, representing a 166 percent increase over the year-ago quarter.
In total, Apple's now sold 39.82 million iPads.
There was a 27 percent year-on-year decline in iPod sales, reaching 6.62 million units sold this quarter. Meanwhile 4.89 million Macs were sold, up 26 percent.
Looking ahead
"We are extremely pleased with our record September quarter revenue and earnings and with cash generation of $5.4 billion during the quarter," added CFO Peter Oppenheimer.
"Looking ahead to the first fiscal quarter of 2012, which will span 14 weeks rather than 13, we expect revenue of about $37 billion and we expect diluted earnings per share of about $9.30."
[source: Apple]
News
With a fine eye for detail, Keith Andrew is fuelled by strong coffee, Kylie Minogue and the shapely curve of a san serif font.
Top Stories
Feature
4 hours, 10 minutes ago
53 top mobile games in soft launch: Squad Busters, Battle Guys: Royale, Plants vs. Zombies 3, LEGO Hill Climb Adventures, and more
Feature
May 13th, 2024
Hot Five: Dubai's new Gaming Visa, April's mobile game charts, and Xbox studio closures
Events
Valencia Indie Summit 2024 | Europe | May 16th |
Mobidictum Meetup Berlin May 2024 | Europe | May 16th |
Digital Dragons | Europe | May 19th |
GamesBeat Summit 2024 | North America | May 20th |
Mobidictum Meetup Tallinn May 2024 | Europe | May 21st |
Nordic Game Spring 2024 | Nordic | May 21st |
Impact 2024 - Indie Games | May 23rd | |
MomoCon 2024 | North America | May 24th |